
-
Kenya's economy faces climate change risks: World Bank
-
Countries eye trade talks as Trump tariff blitz roils markets
-
AI could impact 40 percent of jobs worldwide: UN
-
US trade partners eye talks after Trump tariff blitz
-
Dollar, stocks sink as gold hits high on Trump tariffs
-
Trump tariff blitz sparks retaliation threats, economic fears
-
Lessons and liquids: buried alive in Myanmar's earthquake
-
Nintendo Switch 2 sparks excitement despite high price
-
Sri Lanka's crackdown on dogs for India PM's visit sparks protest
-
China vows 'countermeasures' to sweeping new US tariffs
-
Trump jolts allies, foes and markets with tariff blitz
-
How Trump's 'liberation day' tariffs will impact China
-
Europe hits out at Trump tariffs, keeps door open for talks
-
Australia sweats through hottest 12 months on record: official data
-
South African artist champions hyenas in 'eco-queer' quest
-
Taiwan says US tariffs 'highly unreasonable'
-
Trump escalates trade war with sweeping global tariffs
-
China says opposes new US tariffs, vows 'countermeasures'
-
Quake-hit Myanmar's junta chief to head to Bangkok summit
-
New Spielberg, Nolan films teased at CinemaCon
-
Shiny and deadly, unexploded munitions a threat to Gaza children
-
Stocks tank, havens rally as Trump tariffs fan trade war
-
Financial markets tumble after Trump tariff announcement
-
Europe riled, but plans cool-headed response to Trump's tariffs
-
'Shenmue' voted most influential video game ever in UK poll
-
Revealed: Why monkeys are better at yodelling than humans
-
Key details on Trump's market-shaking tariffs
-
US business groups voice dismay at Trump's new tariffs
-
Trump sparks trade war with sweeping global tariffs
-
US stocks end up, but volatility ahead after latest Trump tariffs
-
Boeing chief reports progress to Senate panel after 'serious missteps'
-
Is Musk's political career descending to Earth?
-
On Mexico-US border, Trump's 'Liberation Day' brings fears for future
-
Tesla sales slump as pressure piles on Musk
-
Amazon makes last-minute bid for TikTok: report
-
Tesla first quarter sales sink amid anger over Musk politics
-
World's tiniest pacemaker is smaller than grain of rice
-
Nintendo says Switch 2 console to be launched on June 5
-
Certain foreign firms must 'self-certify' with Trump diversity rules: US embassies
-
Nigerian president sacks board of state oil company
-
Heathrow 'warned about power supply' days before shutdown
-
Epstein accuser Virginia Giuffre 'stable' after car crash
-
Swedish insurer drops $160 mn Tesla stake over labour rights
-
Stock markets mixed as uncertainty rules ahead of Trump tariffs
-
Warner showcases 'Superman' reboot, new DiCaprio film
-
Asian markets edge up but uncertainty rules ahead of Trump tariffs
-
UK imposes online entry permit on European visitors
-
How a Brazilian chief is staving off Amazon destruction
-
Brazil binman finds newborn baby on garbage route
-
Trump set to unleash 'Liberation Day' tariffs

US-China trade relations in 'difficult' stage: Tai
Trade relations between Washington and Beijing are at a "difficult" stage but President Biden's administration is committed to protecting the US economy from negative impacts of China's policies, the top American trade official said Monday.
United States Trade Representative Katherine Tai said her team will "engage robustly" with China in ongoing talks over Beijing's commitments to buy American goods under a deal signed under former president Donald Trump.
"We're in a very difficult stage of this trade relationship," Tai said, adding that "the conversations are not easy."
The two countries signed a so-called "phase one" agreement in January 2020, in which Beijing pledged to increase its purchases of American products and services by at least $200 billion over 2020 and 2021.
But amid the Covid-19 pandemic, Beijing has fallen fall short of those targets.
Calling the relationship "one of the defining issues we work on," Tai said she has started the "step one" discussions with China on the trade deal but they have not yielded results as yet.
The administration's broader aim is to "defend the American economy, our workers and our businesses from the negative impacts" of China's nonmarket policies, she said in a fireside chat with the National Asian Pacific American Bar Association.
Biden recently said he is not yet ready to remove the tariffs his predecessor imposed in 2018 on Chinese products worth $370 billion, citing "unfair" trade practices.
In her comments Monday, Tai also said she is "heartened" by the prospects of reforming the World Trade Organization.
She pointed to a "universal commitment... that the WTO as an institution is important, and deserves our attention."
The Trump administration paralyzed the WTO's dispute resolution body, but Tai pledged the US would take a leadership role in the reform effort.
"We might have different visions about what we would like the WTO to be specifically, but let's engage in that process," she said.
H.Müller--CPN